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AES CORP — Director's Dealing 2014
Feb 26, 2014
30641_dirs_2014-02-25_2ccfa47c-b542-4c75-8a85-adffa73a80ed.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2014-02-21
Reporting Person: Virag Sharon (VP, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-21 | Common Stock | A | 6744 | — | Acquired | 24038 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-21 | Stock Option (Right to Buy) | $14.63 | A | 37094 | Acquired | 2024-02-21 | Common Stock (37094) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1611 | Indirect |
Footnotes
F1: This Restricted Stock Unit Award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments beginning on February 21, 2015 if certain continuing employment conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to one share of AES Common Stock for each RSU granted.
F2: This includes a 6% (of base salary) discretionary retirement savings award granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 21, 2014 subject to applicable IRS contribution limits. The closing stock price on February 21, 2014 was used to determine the number of shares awarded. In the aggregate between May 3, 2013 and February 24, 2014, this reporting person acquired 1,611 shares of AES Common stock under the Plan, which are included in this amount. This information is based on a plan statement dated February 24, 2014.
F3: This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 21, 2015, and the next two installments become exercisable on February 21, 2016 and February 21, 2017, respectively.